SILVER - USD - 1H - Technical analysis published on 01/24/2025 (GMT)
- 62
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : IN PROGRESS...
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above
My targets
()
()
My analysis
The basic bullish trend is very strong on SILVER - USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above . Crossing the first resistance at would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at as an objective. Crossing it would then enable buyers to target . Caution, a return to below would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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This analysis was given by akigoldstein. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The SILVER - USD price is 30.74 USD. On the day, this instrument gained +0.92% and was between 30.44 USD and 31.03 USD. This implies that the price is at +0.99% from its lowest and at -0.93% from its highest.30.44
31.03
30.74
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SILVER - USD chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 29.77 | 30.12 | 30.52 | 30.74 | 30.77 | 30.97 | 32.02 |
| Change (%) | -3.16% | -2.02% | -0.72% | - | +0.10% | +0.75% | +4.16% |
| Change | -0.97 | -0.62 | -0.22 | - | +0.03 | +0.23 | +1.28 |
| Level | Major | Major | Minor | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29.31 | 29.70 | 30.08 | 30.47 | 30.85 | 31.24 | 31.62 |
| Camarilla | 30.25 | 30.32 | 30.39 | 30.46 | 30.53 | 30.60 | 30.67 |
| Woodie | 29.31 | 29.70 | 30.08 | 30.47 | 30.85 | 31.24 | 31.62 |
| Fibonacci | 29.70 | 29.99 | 30.18 | 30.47 | 30.76 | 30.95 | 31.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.09 | 28.80 | 29.57 | 30.28 | 31.05 | 31.76 | 32.53 |
| Camarilla | 29.94 | 30.08 | 30.21 | 30.35 | 30.49 | 30.62 | 30.76 |
| Woodie | 28.13 | 28.82 | 29.61 | 30.30 | 31.09 | 31.78 | 32.57 |
| Fibonacci | 28.80 | 29.36 | 29.71 | 30.28 | 30.84 | 31.19 | 31.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.02 | 26.38 | 27.62 | 29.98 | 31.22 | 33.58 | 34.82 |
| Camarilla | 27.87 | 28.20 | 28.53 | 28.86 | 29.19 | 29.52 | 29.85 |
| Woodie | 23.46 | 26.10 | 27.06 | 29.70 | 30.66 | 33.30 | 34.26 |
| Fibonacci | 26.38 | 27.76 | 28.61 | 29.98 | 31.36 | 32.21 | 33.58 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 70.24 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 17.35 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 30.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.75 | |
| Elder Ray (13): | 0.14 | |
| Super Trend (3,10): | 30.58 | |
| Zig ZAG (10): | 30.94 | |
| VORTEX (21): | 1.3300 | |
| Stochastique (14,3,5): | 84.79 | |
| TEMA (21): | 30.96 | |
| Williams %R (14): | -11.86 | |
| Chande Momentum Oscillator (20): | 0.30 | |
| Repulse (5,40,3): | 0.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.53 |
| MA7: | 30.65 | |
| MA20: | 30.09 | |
| MA50: | 30.40 | |
| MA100: | 30.97 | |
| MAexp7: | 30.87 | |
| MAexp20: | 30.76 | |
| MAexp50: | 30.68 | |
| MAexp100: | 30.63 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | +2.16% | |
| Price / MA50: | +1.12% | |
| Price / MA100: | -0.74% | |
| Price / MAexp7: | -0.42% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | +0.20% | |
| Price / MAexp100: | +0.36% |
Quotes :
-
Real time data
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Gold & Silver Spot
News
The last news published on SILVER - USD at the time of the generation of this analysis was as follows:
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Silver Prices forecast for the week of December 12 2016, Technical Analysis
-
Silver Technical Analysis for December 12 2016 by FXEmpire.com
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Silver Technical Analysis for December 09 2016 by FXEmpire.com
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Silver Technical Analysis for December 08 2016 by FXEmpire.com
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Silver Technical Analysis for December 07 2016 by FXEmpire.com
This member declared not having a position on this financial instrument or a related financial instrument.
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